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Crude Can Extend Recent Gains

Light Crude Oil Futures (NYMEX:CL1!)  
ew-forecast  
NYMEX:CL1!   Light Crude Oil Futures
Elliott Wave Crude Oil WTI crude WTI opec elliotwaveanalysis correctivewave
12
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elliottwaves usoil crude wti opec elliotwaveanalysis correctivewave

Russia announced they will extend pledged oil cuts through 2023.
Saudi Arabia will cut oil output by 500,000 BPD from May

Crude ready to extend move next week, possibly above the trendline resistance?

Weak USD and strong stocks can certainly help





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